Plain-English plan summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Octane Lending, Inc. 401(K) Plan is a benefit plan reported by Octane Lending, Inc. under EIN 46-4844834 and plan number 001. The latest loaded filing year is 2023. The filing reports 553 participants and $16,053,130 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $16,053,130
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $16,053,130
- Net assets (BOY)
- $10,479,223
Income & contributions
- Employer contributions
- $1,437,550
- Participant contributions
- $2,843,224
- Total contributions
- $4,853,902
- Total income / additions
- $7,102,642
Expenses & distributions
- Benefits paid
- $1,511,160
- Administrative expenses
- $17,575
- Total expenses
- $1,528,735
- Net increase / (decrease)
- $5,573,907